By Rahul Trivedi BENGALURU () - The South Korean economy barely grew last quarter as political chaos weighed on consumer spending, according to a poll of economists who expect the Bank of Korea to cut interest rates next month following a surprise hold last week. Asia's fourth-largest economy grappled with uncertainty from President Yoon Suk

By David Shepardson () - New Jersey Governor Phil Murphy on Monday asked President Donald Trump to reexamine the federal government's approval of New York City's first-in-the-nation congestion pricing program that began on Jan. 5. Murphy, a Democrat, said the program is a "disaster for New Jersey commuters and must receive the close look it

BRUSSELS () - European Union finance ministers agreed on Monday to stay united in their approach to the new U.S. administration and that a more competitive EU economy was the best protection from potential transatlantic economic challenges, EU diplomats said. At an informal dinner, the EU's 27 finance ministers also agreed that deeper ties with

LONDON/NEW YORK () - The dollar extended its slide while crude prices curtailed their losses after U.S. President Donald Trump said on Monday he would tariff and tax countries to enrich Americans, overhaul the trade system and declare a national energy emergency. COMMENTS: EUGENE EPSTEIN, HEAD OF TRADING AND STRUCTURED PRODUCTS, NORTH AMERICA, MONEYCORP NE,W

By Jan Strupczewski BRUSSELS () - The return of U.S. President Donald Trump to the White House is a wake-up call for European Union countries to fix their economies and become more competitive, the EU's senior financial officials said on Monday as Trump was sworn in for a second term. The 27-nation EU became increasingly

By David Lawder, Andrea Shalal and Steve Holland WASHINGTON () - President Donald Trump will issue a broad trade memo on Monday that stops short of imposing new tariffs on his first day in office but directs federal agencies to evaluate U.S. trade relationships with China, Canada and Mexico, a Trump administration official said. After

() - Russia recorded a budget deficit of more than 3 trillion roubles for the third year running in 2024, the finance ministry said on Monday, with both spending and revenue rising sharply compared with 2023 as Moscow ploughed economic resources into the war in Ukraine. According to the ministry's preliminary estimate, the overall deficit

Investing.com -- Donald Trump has been inaugurated as the 47th president of the United States. The swearing-in ceremony was conducted by Chief Justice John Roberts. Alongside him, JD Vance took the oath of vice presidency, administered by Justice Brett Kavanaugh. In his inauguration speech, President Trump promised the beginning of a golden era for America.

BRUSSELS () -European Union finance ministers will approve French Prime Minister Francois Bayrou's deficit-cutting plan on Tuesday as it complies with the EU's recommendations to bring the French deficit below 3% of GDP by 2029, officials said. Senior officials of EU governments agreed last week to support Bayrou's plan, which will replace a more front-loaded

FRANKFURT () - Market expectations for European Central Bank interest rate cuts are reasonable but economic conditions can still change, so there is no guarantee the bank will set rates as now expected, Croatian central bank chief Boris Vujcic said on Monday. "There has been a repricing recently from four to five (rate cuts this